Is Prairie City, IA 50228 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Prairie City is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list97.5%Sold price ÷ list price

Median days on market99Listing to accepted offer

Median price per sq ft$169▼ −19.3% vs. last year

Run the numbers for 50228

Prefilled for 50228Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50228Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Baxter 50028Buyer’s market $203 /sq ft Colfax 50054Seller’s market $143 /sq ft Ira 50127 — /sq ft Kellogg 50135Balanced $157 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology